Freight rates fall on excess position of trucks, low demand

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Press Trust of India New Delhi
Last Updated : Oct 30 2014 | 3:46 PM IST
Freight rates for nine-tonne pay load section dropped by Rs 1,000 in the local truck transport market today following excess enquiries by truck operators amid a drop in arrivals of cargo.
Transporters said heavy availability of trucks in the markets, coupled with tight cargo movements, mainly led to the fall in freight rates of some centres.
Delhi to Guwahati, Bangalore and Coimbatore freight rates moved down by Rs 1,000 each to Rs 53,000, Rs 63,000 and Rs 70,000, respectively.
Rates to Patna, Kolkata, Baroda and Jaipur also went down by Rs 1,000 each to Rs 28,000, Rs 31,000, Rs 26,000 and Rs 17,000, respectively.
Following are today's freights per nine-tonne load (in Rs):
Jaipur 17,000 Hyderabad 58,000 Chandigarh 19,000 Vijayawada 60,000 Ludhiana 20,000 Bangalore 63,000 Kanpur 20,000 Chennai 64,000 Indore 21,000 Mysore 66,000 Ahmedabad 23,000 Pondicherry 65,000 Baroda 26,000 Coimbatore 70,000 Patna 28,000 Kochi 74,000 Surat 27,000 Thiruvananthapuram 78,000 Mumbai 29,000 Goa 53,000 Pune 31,000 Gwalior 15,000 Kolkata 31,000 Guwahati 53,000.
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First Published: Oct 30 2014 | 3:46 PM IST

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